21, THE PASTURES, GRIMSARGH, PRESTON, PR2 5JW - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 THE PASTURES is a very small extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £262,007. It was last sold for £215,000 in July 2021, which was around 19% below the average July 2021 detached price in the Preston local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

21 THE PASTURES Sold Prices

Land registry data shows four sales for 21 THE PASTURES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 21 THE PASTURES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 JUL	£215,000	£267,005	19% below HPI
2020 20 NOV	£240,000	£252,659	5% below HPI
2007 15 JUN	£185,000	£250,081	26% below HPI
1996 22 NOV	£42,070	£87,452	52% below HPI

21 THE PASTURES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 21 THE PASTURES sales between November 1996 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2020 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 21 THE PASTURES be worth now?

21 THE PASTURES might now be worth an estimated £262,007.

This is based on house price inflation of 21.9%, between July 2021 and December 2024, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 21 THE PASTURES of £215,000 on 23rd July 2021. For the value to have increased from £215,000 to £262,007 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of 21 THE PASTURES has moved in line with the HPI for detached houses in the Preston local authority area.
• The July 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 21 THE PASTURES has not materially changed since July 2021.

How Large is 21 THE PASTURES?

21 THE PASTURES is 84m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Grimsargh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grimsargh, and where 21 THE PASTURES lies on this distribution: 9% of detached houses houses are smaller than 21 THE PASTURES, and 91% of houses are larger. Note that EPC data is not available for all properties in Grimsargh.

21 THE PASTURES: Plot and Title Map

21 THE PASTURES sits on a plot of roughly 0.321 of an acre, or 1,298m². The below map shows the location of 21 THE PASTURES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 THE PASTURES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 THE PASTURES?

21 THE PASTURES is located in GRIMSARGH, in the PR2 postcode district. The below map shows the position of No. 21 on THE PASTURES.